Director at Southern Copper (NYSE: SCCO) awarded 600 shares in stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Southern Copper Corporation director receives stock awards
Southern Copper Corporation director Javier Arrigunaga Gomez del Campo acquired company common stock through director compensation awards on January 29, 2026. He received 400 shares under the Directors' Stock Award Plan for service as a director and 200 shares for perfect attendance, both exempt under Rule 16b-3(d).
After these awards, he beneficially owned 4,748 common shares directly, which includes 123 dividend shares received in 2025. No derivative securities were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Arrigunaga Gomez del Campo Javier
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 400 | $0.00 | -- |
| Grant/Award | Common Stock | 200 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,425 shares (Direct)
Footnotes (1)
- Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3 (d). N/A. Received pursuant to Issuer's Directors' Stock Award Plan for perfect attendance as a director - exempt transaction under Rule 16b-3 (d). N/A. The total amount of securities beneficially owned following the reported transaction is 4,748, which includes 123 dividend shares received in 2025.
FAQ
What insider transaction did SCCO director Javier Arrigunaga report on this Form 4?
Javier Arrigunaga reported receiving Southern Copper (SCCO) common stock as director compensation. On January 29, 2026, he was awarded 400 shares for board service and 200 shares for perfect attendance, both under the Directors' Stock Award Plan and exempt under Rule 16b-3(d).
Why are these Southern Copper stock awards to the director exempt under Rule 16b-3(d)?
The awards are exempt because they were granted under the Issuer's Directors' Stock Award Plan. The footnotes state both the 400-share service award and 200-share perfect attendance award are "exempt transaction under Rule 16b-3(d)", which covers certain board-approved compensation arrangements for insiders.
Were any derivative securities reported by the SCCO director in this Form 4 filing?
No derivative securities were reported. The Form 4 includes a Table II header for derivative securities but shows no entries. All disclosed positions relate to non-derivative Southern Copper common stock awarded under the Directors' Stock Award Plan on January 29, 2026.